Definition
The act of selling public services that were once owned by the government to a private company.
Positives to Privatization
-Lowers taxes: Governments do not need money for the services they no longer provide.
-Competition improves service quality: The private companies will compete for you to buy their product.
-Lowers prices: Competition means lower prices.
Negatives to Privatization
-Services can become more expensive: If one private company controls the service, they can set the price they want.
-Governments can provide the services cheaper: They do not need the profit, unlike the private companies.
-Government-run services meet the needs of all citizens, not just those who can afford to pay for them.
This sign was photographed last year outside the airport in Kagali, Rwanda. It is written in Swahili and reads: "Privatization fights laziness, privatization fights poverty, privatization fights smuggling, and privatization fights unemployment." Michigan may be catching up to Rwanda's level of privatization enlightenment.
Examples of Privatization
Water
23 May 2007- Activists held a LOUD protest outside a meeting in The Hague of an obscure and secretive body of the World Bank. What is wrong with the PPIAF? We'll tell you. Water for life and not for profit!
Elias Dias Pena from Paraguay talks about a spectacular new law
on water that will guarantee access to water as a human right. July 2007
"Privatizing Our Water--Will the Air Be Next?" Nancy Price, Alliance
for Democracy; Marie Mason, Sweetwater Alliance (Detroit); and Darcie
Rowe, Minnesota Water Alliance, discuss water privatization in
general; water privatization in Detroit and what has happened to
those who cannot pay the hugely increased water bill; Nestle
(Perrier) buying up a community's spring water to bottle Ice Mountain
water; and how the scene gets set in states (Minnesota) for
privatization of municipal water systems. Taped October 2003.
Spanish Postal Service
The public postal service in europe is beeing privatised little by little. In Spain, most of the services are suffering, not just the personel but also the clients.
Privatization of Fire Service
Why not to privatize fire service.
Privatization
Definition
The act of selling public services that were once owned by the government to a private company.
Positives to Privatization
-Lowers taxes: Governments do not need money for the services they no longer provide.
-Competition improves service quality: The private companies will compete for you to buy their product.
-Lowers prices: Competition means lower prices.
Negatives to Privatization
-Services can become more expensive: If one private company controls the service, they can set the price they want.
-Governments can provide the services cheaper: They do not need the profit, unlike the private companies.
-Government-run services meet the needs of all citizens, not just those who can afford to pay for them.
Examples of Privatization
Water
23 May 2007- Activists held a LOUD protest outside a meeting in The Hague of an obscure and secretive body of the World Bank. What is wrong with the PPIAF? We'll tell you. Water for life and not for profit!
Elias Dias Pena from Paraguay talks about a spectacular new law
on water that will guarantee access to water as a human right. July 2007
"Privatizing Our Water--Will the Air Be Next?" Nancy Price, Alliance
for Democracy; Marie Mason, Sweetwater Alliance (Detroit); and Darcie
Rowe, Minnesota Water Alliance, discuss water privatization in
general; water privatization in Detroit and what has happened to
those who cannot pay the hugely increased water bill; Nestle
(Perrier) buying up a community's spring water to bottle Ice Mountain
water; and how the scene gets set in states (Minnesota) for
privatization of municipal water systems. Taped October 2003.
Spanish Postal Service
The public postal service in europe is beeing privatised little by little. In Spain, most of the services are suffering, not just the personel but also the clients.
Privatization of Fire Service
Why not to privatize fire service.